Sublime
An inspiration engine for ideas
the internet
Mary Martin • 1 card
这两天整理了下美国金融市场核心流动性指标的联动关系示意图。
1. 流动性传导链：
美联储购债/TGA变化 → 银行准备金 → RRP规模 → 短期利率 → 10年期收益率。
2. 政策与市场的博弈：
•美联储通过QE/QT和RRP利率调控流动性；
•财政部通过TGA和发债影响国债供需；
•市场通过收益率变化反馈至政策调整（如“收益率曲线控制”）。
3. 关键观察指标：
•RRP规模：预示流动性过剩或紧缺；
•TGA余额：反映财政政策与货币政策的协同性；
•10年期收益率：综合体现经济预期、通胀和货币政策效果。
4. 指标解释：
1. TGA（财政部一般账户）：美国财政部在美联储的存款账户，余额变化直接影响银行体系的流动性（TGA减少 → 流动性释放；TGA增加 → 流动性收缩... See more
i live my life this way. almost every day is full of multiple tiny interactions with no aim beyond a hello, a how are you, a smile and then i continue on my way
it makes me happier. introduces incredible adventures into my life, makes me feel like i’m surfing my way through my day and seems to make other people happy in turn
the best part is that... See more
The “minimum” in MVP is the minimum it takes to get someone to open their wallet, not the minimum it takes for the product to work
The most profound shift in my relationship with emotions came when I started viewing them less as states to manage and more as visitors to host.
Each feeling arrives with its own intelligence, its own temporal logic, its own way of moving through the body.
Anxiety isn't just worry - it's a highly sophisticated threat-detection system, scanning ... See more